PDMO is­sues 7-year bonds of

Financial Mirror (Cyprus) - - FRONT PAGE -

The Pub­lic Debt Man­age­ment Of­fice of the Min­istry of Fi­nance an­nounced that it has is­sued 7-year govern­ment bonds amount­ing to EUR 221.9 mln with a yield of 3.23%. The is­sue was over­sub­scribed by 151%, as the an­nounced amount was 150 mil­lion.

The PDMO said it re­ceived ten­ders for a to­tal amount of EUR 226.7 mln and ac­cepted ten­ders of nom­i­nal value amount­ing to EUR 221.9 mln. The ac­cepted yields ranged be­tween 3.04% and 3.25%.

This fol­lows Mon­day’s auc­tion where the

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